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I think the MBAs are just the tool/symptom of the problem. The problem is Wall St, why do we need it? Why are companies so bothered about stock prices? Why do c
by bythckr 6y ago
I think the MBAs are just the tool/symptom of the problem. The problem is Wall St, why do we need it? Why are companies so bothered about stock prices? Why do companies have to put a show for them? Let them learn the trade and understand the value that is offered by a business.
Short-terms gains at the expense of long-term losses is a fact that has to controlled by the board of directors and the ridiculous salaries of CEOs has to be stopped. A rule must be put in place that the shares they gain cannot be used during their tenure and only used 2-5 yrs after leaving the post.
Founders bring in an MBA to run the company is like parents bringing in a Consultant to raise the children. You can never expect anyone else to care of the kids as much as their own parents.
I think that Google lost its way due to Eric Schmidt. Considering that [Page was forced out in 2001](https://en.wikipedia.org/wiki/Larry_Page#Changes_in_management_and_expansion https://en.wikipedia.org/wiki/Larry_Page#Changes_in_manageme...), he was away too long and Eric did his MBA-shit and screwed up the company. Page should have returned as CEO in 5 years instead of 10 yrs, it was too late by then. Now Google is Evil.
I feel that if someone like Page was leading Google and all the tech giants where lead by nerds like Satya Nadella & Sundar Pichai. PRISM & attack on encryption would not have been too strong. We need more founders like Elon Musk & Jack Dorsey. I hope someone like Sergey Brin advices the WhiteHouse on tech-business while Steve Woz or Richard Stallman advices on tech-ethics.
Mark Zuckerberg is a disaster, so is Bill Gates, Peter Thiel, Larry Ellison & all Steve-Jobs-like creatures.
Video: "McDonnell Douglas had used Boeing's money to buy Boeing" - https://youtu.be/EESYomdoeCs?t=468 https://youtu.be/EESYomdoeCs?t=468
- friendlybus 6y agoJobs was better on privacy than most. People wanted to take user data silently and Jobs’ objection is the source of asking for permissions. Apple’s premium feel relies on that walled garden approach.